TITLE

Devaluation Risks Have Mitigated

PUB. DATE
February 2010
SOURCE
Emerging Europe Monitor: Central Europe & Baltic States;Feb2010, Vol. 17 Issue 2, p1
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
The article provides information on the political and economic condition in Estonia from 2009-2010. The government has sharply mitigated the incentives to devalue due to its success in slashing the budget deficit without encountering major political opposition in 2009. It is noted that the banking sector's gross external debt remains at an uncomfortably high level while the account deficit has unwound aggressively.
ACCESSION #
47781858

 

Related Articles

  • RISK SUMMARY: ESTONIA.  // Emerging Europe Monitor: Central Europe & Baltic States;May2007, Vol. 14 Issue 5, p10 

    The article provides information on the political and economic risks in Estonia. The country's government is comprised of three political parties including the Reform Party and the Social Democratic Party. Based on a preliminary data released by Estonia's central bank, the country's external...

  • Country Overview.  // Estonia Country Review;2012, p1 

    The article offers information on the political and economic conditions in Estonia including its independence in 1918, membership of the European Union, and regional integration.

  • Devaluation and seigniorage in externally indebted countries. Ellis, Michael A. // Atlantic Economic Journal;Jun95, Vol. 23 Issue 2, p151 

    Examines the relation between devaluation and seigniorage in externally indebted countries. Reduction of foreign credit through an increase in trade balances achieved by devaluations of the debtor country currency; Increase in the cost of external debt service in terms of the domestic currency...

  • Government implements IMF-approved reforms.  // MEED: Middle East Economic Digest;11/1/1996, Vol. 40 Issue 44, p19 

    Reports on the Pakistani government's devaluation of the rupee by almost 8% against the dollar on October 22, 1996. Plans to reduce spending and raise taxes to narrow the budget deficit; State Bank of Pakistan's (SBP) defense of the new central rate; Announcement of a new budget package...

  • RISK SUMMARY: ESTONIA.  // Emerging Europe Monitor: Central Europe & Baltic States;Oct2007, Vol. 14 Issue 10, p10 

    The article discusses the political, economic and business risks surrounding Estonia. Financial insecurity is forecasted to influence the political condition in the country. Unemployment rate in the country continues to decline and is seen as a positive sign for the economy. Meanwhile, the...

  • ESTONIA: RISK SUMMARY.  // Emerging Europe Monitor: Central Europe & Baltic States;Mar2010, Vol. 17 Issue 3, p10 

    The article offers news briefs in Estonia including the political risk, economic risk and business.

  • ESTONIA: RISK SUMMARY.  // Emerging Europe Monitor: Central Europe & Baltic States;Jan2011, Vol. 18 Issue 1, p10 

    The article presents a summary of political and economic risks, as well as the business structure of Estonia.

  • Republic of Estonia.  // Background Notes on Countries of the World 2003;Oct2003 Estonia, p1 

    The article provides information on geographical, economical, social and political conditions of Republic of Estonia. Its geographical area is around 45,226 sq. km. Its capital city is Tallinn. The country's terrain is flat, with an average elevation of 50m. Steep limestone banks and 1,520...

  • Background Note: Estonia.  // Background Notes on Countries of the World: Republic of Estonia;May 2004, p1 

    Provides information on the Republic of Estonia. Population; Government and political conditions; Economic background; Relationship with the U.S.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics